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XYZ Corporation reported the following income statement for the year ended December 31, 2023: Revenue $200,000 Cost of Goods Sold $80,000 Operating Expenses $50,000 Depreciation

XYZ Corporation reported the following income statement for the year ended December 31, 2023:

Revenue

$200,000

Cost of Goods Sold

$80,000

Operating Expenses

$50,000

Depreciation

$10,000

Interest Expense

$5,000

Taxes

$15,000

Calculate the gross profit margin, operating profit margin, and net profit margin for XYZ Corporation. Interpret the results and provide insights into the company's profitability.

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